PRIME KITSILANO CORNER LOT- EXCEPTIONAL DEVELOPMENT OPPORTUNITY. This 44'x110 corner lot is situatedin the highly sought after Kitsilano neighborhood, offering a unique opportunely for the developers and investors. Previously zoned under RT -7, which allowed for very low density, the zoning has been updated as of July 1st to align with the requirements of BC government's Bill 44. This revision allows for more flexible development option, including 0.7FSR for a duplex and 1.0 FSR under Multiplex policy, enabling the construction of 3-5 units without character retention requirements. Currently rented for$6000. Tenants are on month to month rental. DP ready for RT-7 if you want to build right away or apply for larger density home. House is has been renovated to live in or as an investment.
Address |
3192 W 8TH AVENUE |
List Price |
$2,949,000 |
Property Type |
Residential Detached |
Type of Dwelling |
House/Single Family |
Style of Home |
Basement Entry |
Area |
Vancouver West |
Sub-Area |
Kitsilano |
Bedrooms |
5 |
Bathrooms |
1 |
Floor Area |
1,897 Sq. Ft. |
Lot Size |
4840 Sq. Ft. |
Year Built |
1924 |
MLS® Number |
R2926056 |
Listing Brokerage |
Team 3000 Realty Ltd.
|
Basement Area |
Full |
Postal Code |
V6K 2C3 |
Zoning |
RT-7 |
Tax Amount |
$10,516 |
Tax Year |
2024 |
Site Influences |
Central Location, Lane Access, Paved Road, Recreation Nearby, Shopping Nearby, Treed |
Features |
ClthWsh/Dryr/Frdg/Stve/DW, Smoke Alarm |